M&A Deal Summary

The Active Network Acquires Class Software Solutions

On October 13, 2014, The Active Network acquired software company Class Software Solutions

Acquisition Highlights
  • This is The Active Network’s 9th transaction in the Software sector.
  • This is The Active Network’s 26th transaction in the United States.

M&A Deal Summary

Date 2014-10-13
Target Class Software Solutions
Sector Software
Buyer(s) The Active Network
Deal Type Add-on Acquisition

Target

Class Software Solutions

United States
Class Software Solutions Ltd. is a provider of software technology solutions to community service agencies worldwide.

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Buyer(S) 1

Buyer

The Active Network

San Diego, California, United States

Category Company
Founded 1998
Sector Internet Software and Services
DESCRIPTION
The Active Network's corporate headquarters in San Diego, California.
The Active Network's corporate headquarters in San Diego, California.

The Active Network, Inc. is a provider of cloud-based activity and participant management solutions serving a wide range of customer groups including business solutions, community activities, the public sector and outdoors and sports. The Active Network provides applications that form an online network connecting a fragmented and diverse group of activity and event organizers with a large base of potential participants. The Company's technology platform helps organizers manage their activities and events by automating online registrations and streamlining other critical management functions. The Active Network, Inc. was formed in 1998 and is based in San Diego, California.


DEAL STATS #
Overall 27 of 32
Sector (Software) 9 of 11
Type (Add-on Acquisition) 24 of 29
Country (United States) 26 of 29
Year (2014) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-08-15 Worldly Developments

Menlo Park, California, United States

Worldly Developments, Inc. (bda Plancast) is a mobile application for planning, managing, promoting, and sharing events.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-09 IPICO

Etobicoke, Ontario, Canada

IPICO is a global provider of race timing technology.

Buy -